Maximizing Value in Source-to-Pay: How to Transform Agreement Processes with CLM

In today’s economic era, every team is under pressure to transform the ways they work and to generate more value beyond cost savings. Procurement teams have a unique opportunity to deliver value as they are tasked with some of the most critical responsibilities within a business including: managing spend, supplier management, risk management, sourcing & purchasing, and compliance & governance. What do all of these have in common? Each is tied to the data and clauses within vendor agreements, making contract management a critical component of every source to pay workflow.

Join us to explore how Contract Lifecycle Management (CLM) can be a value multiplier in your source-to-pay agreement processes. This session will dive into the following topics:

• Top contract management challenges and how they contribute to lost value

• The critical role of CLM in enhancing efficiency, compliance, and visibility in procurement workflows

• Key tips for integrating source-to-pay systems with CLM

• How to use AI to extract deeper insights from your agreement